Social Security update: Third round of February payments worth $4,873 goes out in five days

The final wave of February’s three Social Security payments, worth up to $4,873 for the highest earners who retire at 70, will go out to the third and last group of retirees in just under a week.

Retirees born on or after the 21st of the month will get their payment in five days, on Wednesday, Feb. 28, according to the Social Security Administration’s calendar. 

Those who were born on or between the 1st and 20th of the month should have already received theirs in one of two earlier payments that went out on Feb. 14, and 28.

The highest amount that a senior who retires at 70 can get is $4,873 per month. Those who retire at the youngest age possible, 62, can only receive up to $2,710 a month.

If people choose to retire at the Read more…

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